Successfully Obtained Ruling That Replacement Cost Coverage Should Be Measured by the Cost to Replace the WTC on an "As Was" Basis
October 31, 2006
SR Int’l Bus. Co. Ltd. v. World Trade Center Props. LLC, No. 01-9291
Successfully obtained ruling that replacement cost coverage should be measured by the cost to replace the WTC on an “as was” basis and does not include the cost to make the rebuilt structure safe, modern, and politically palatable.
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